Sales of oil and petroleum products on the domestic market
Gazprom Neft sells oil and petroleum products in bulk in Russia and abroad. Small-scale wholesale and retail sales, including via the Company’s filling stations, are handled by sales subsidiaries.
Sales of petroleum products on the domestic market edged down slightly by 0.1% in physical terms, but increased by 3.4% in monetary terms in 2015.
Despite the overall decline of the Russian market, the Company utilised the competitive advantage of having its own highly efficient filling station chain, which led to growth in motor fuel sales.
The decrease in jet fuel sales is attributable to the reformatting of the airline passenger market and the departure of Russia’s second largest air carrier from the market.
As a result, the Company managed to maintain and increase its market share for all premium product categories.